Energy Markets Ease Following Middle East Ceasefire

GasBuddy’s Patrick De Haan discusses diesel prices, energy markets and the outlook following the reopening of the Strait of Hormuz.

CHICAGO, Ill. (RFD News) — Energy markets are beginning to settle as tensions between the United States and Iran ease and the Strait of Hormuz returns to normal operations.

GasBuddy petroleum analyst Patrick De Haan joined us on Thursday’s Market Day Report to discuss what the reopening of the shipping lane could mean for fuel prices and how quickly markets may stabilize.

He also shared his outlook for diesel prices and other factors he believes will influence energy markets moving forward.

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Knoxville native Neal Burnette-Irwin is a graduate from MTSU where he majored in Journalism and Entertainment Studies. He works as a digital content producer with RFD News and is represented by multiple talent agencies in Nashville and Chicago.


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